Browsing Discussion papers (SAM) by Author "Klovland, Jan Tore"
Now showing items 1-8 of 8
-
Challenges for the construction of historical price indices : the case of Norway, 1777-1920
Klovland, Jan Tore (Discussion papers;5/2014, Working paper, 2014-03)This paper reviews some methodological and practical problems encountered in the construction of historical price indices. The underlying data sets in such studies are often characterized by heterogenous and incomplete ... -
Commodity market integration 1850 - 1913 : evidence from Britain and Germany
Klovland, Jan Tore (Discussion paper, Working paper, 2001-10)In a sample that contains annual prices of 39 selected commodities in Britain and Germany in the period 1850 to 1913 substantial evidence of well integrated commodity markets is found. The degree of integration is not ... -
A European type wage equation from an American type labour market : some evidence from a panel of Norwegian manufacturing industries in the 1930s
Bårdsen, Gunnar; Klovland, Jan Tore; Doornik, Jurgen A. (Discussion paper, Working paper, 2003-09)Using a newly constructed panel of manufacturing industry data for interwar Norway, we estimate a long-run wage curve for the 1930s that has all the modern features of being homogeneous in prices, proportional to ... -
Navigating through torpedo attacks and enemy raiders: Merchant shipping and freight rates during World War I
Klovland, Jan Tore (SAM;07/2017, Working paper, 2017)During World War I ocean freight rates rose to extraordinary levels. Using a new monthly dataset it is shown that freight rates can be well explained by economic activity, commodity prices, war risk and world tonnage in ... -
New evidence on the causes of the fluctuations in ocean freight rates in the 1850s : harvest failures, business cycles, and the Crimean War
Klovland, Jan Tore (Discussion paper, Working paper, 2007-12)This paper takes a critical look at the hypothesis that the Crimean War was the main cause of the surge in ocean freight rates in the first part of the 1850s. The analysis is based on newly constructed monthly data on ... -
A repeat sailings index of ocean freight rates for the 1850s
Klovland, Jan Tore (Discussion paper, Working paper, 2006-12)The middle of the nineteenth century has long been a challenge to researchers of ocean freight rates. The data originating from the circulars of the London shipbroker firm of Angier Brothers have been the basis of much ... -
Shipping in dire straits: New evidence on trends and cycles in coal freights from Britain, 1919-1939
Klovland, Jan Tore (SAM;5/2016, Working paper, 2016-04-07)New monthly freight rate indices for 13 coal trade routes from Britain 1919-1939 are presented. The new indices form the basis of a review of the interwar freight markets and their relationship to the timing and severity ... -
The decentralised central bank : regional bank rate autonomy in Norway, 1850-1892
Klovland, Jan Tore; Øksendal, Lars Fredrik (Discussion paper;6/2013, Working paper, 2013-03)Before 1893 the regional branches of Norges Bank set their own bank rates. We discuss how bank rate autonomy could be reconciled with the fixed exchange rate commitments of the silver and gold standard. Although the ...